Campari Group (OTCMKTS:DVDCF) Sees Large Volume Increase – Still a Buy?

Campari Group (OTCMKTS:DVDCF) shares saw an uptick in trading volume on Tuesday . 14,330 shares were traded during trading, an increase of 76% from the previous session’s volume of 8,150 shares.The stock last traded at $7.22 and had previously closed at $7.21.

Wall Street Analyst Weigh In

Separately, Barclays raised Campari Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Campari Group Price Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.89. The stock’s 50-day simple moving average is $6.71 and its 200-day simple moving average is $6.90.

About Campari Group

Campari Group is an Italian-based global beverage company specializing in the production, marketing and distribution of premium spirits and wines. Founded in Milan in 1860 by Gaspare Campari, the company has built a diversified portfolio of iconic brands that span various categories, including aperitifs, liqueurs, vodka, whiskey, rum, gin and ready-to-drink (RTD) cocktails.

The company’s flagship product, Campari, is a bright red, bittersweet aperitif known for its distinctive taste and versatility in classic cocktails such as the Negroni and Americano.